Cavco Industries, Inc. (CVCO)
NASDAQ: CVCO · IEX Real-Time Price · USD
366.50
-8.86 (-2.36%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Cavco Industries Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Cavco Industries stock have an average target of 359, with a low estimate of 338 and a high estimate of 380. The average target predicts a decrease of -2.05% from the current stock price of 366.50.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 7, 2023.
Analyst Ratings
The average analyst rating for CVCO stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Maintains $390 → $380 | Buy | Maintains | $390 → $380 | +3.68% | Nov 7, 2023 |
| Wedbush | Wedbush | Buy Reiterates $390 | Buy | Reiterates | $390 | +6.41% | Nov 3, 2023 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $357 → $338 | Strong Buy | Maintains | $357 → $338 | -7.78% | May 22, 2023 |
| Wedbush | Wedbush | Buy Maintains $410 → $425 | Buy | Maintains | $410 → $425 | +15.96% | May 22, 2023 |
| Wedbush | Wedbush | Buy Reiterates $410 | Buy | Reiterates | $410 | +11.87% | May 19, 2023 |
Financial Forecast
Revenue This Year
1.86B
from 2.14B
Decreased by -13.24%
Revenue Next Year
1.97B
from 1.86B
Increased by 5.92%
EPS This Year
19.22
from 26.95
Decreased by -28.68%
EPS Next Year
22.90
from 19.22
Increased by 19.15%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 2.0B | 2.1B | 2.2B |
| Avg | 1.9B | 2.0B | 2.1B |
| Low | 1.7B | 1.8B | 2.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -8.2% | 13.7% | 13.9% |
| Avg | -13.2% | 5.9% | 7.5% |
| Low | -18.7% | -3.4% | 0.2% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 20.44 | 25.13 | 26.96 |
| Avg | 19.22 | 22.90 | 24.83 |
| Low | 18.00 | 20.09 | 22.54 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -24.2% | 30.7% | 17.7% |
| Avg | -28.7% | 19.1% | 8.4% |
| Low | -33.2% | 4.5% | -1.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.